NeelamN

Bank Nifty View for Monday 1 Mar 2021

Short
NSE:BANKNIFTY   NIFTY BANK
Bearish Bias :
Head and Shoulder Pattern not broken down yet,if breaks, targets for downside open up

If doesn't break down but goes upside above 35232,
then upside targets open up

Comments

due to HUGE US stimulus market will go up and up, this similar selling was observed back in OCT, after the US stimulus market broke 12000 and made new highs ever since, we might spend time in this range of nifty and BN but definitely upside and new highs will be seen next month onwards
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NeelamN Kakerot
@Kakerot, If this view comes true, its really good for all of us.. All the Best...
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